Posts by : Alan Donald

Negotiations from the buyers’ perspective:

Traditionally people think of a good negotiator as a person that crushes the competition and gets the last dollar out of the transaction. However, buying a home is just one of the pieces of the life puzzle and a real estate adviser should focus more on the long-term objectives of the clients.

Negotiating skills depend more on market dynamics and the tactics need to be adjusted to fit these dynamics. For example, for a buyer it is very different to negotiate in a buyers’ market (where there are a lot of listings and not a lot of competition) than in a sellers’ market (where there are very few listings and a lot of competition).

In a b...

The Alan Donald Real Estate Team at Keller Williams Realty in Mount Pleasant, SC   closed another sale in Belle Hall Plantation, their specialty neighborhood. The Alan Donald Real Estate Team is the top real estate sales team in Belle Hall, where they are well known for getting their listings under contract within the first week on the market, while selling them at record prices. 

Mount Pleasant, SC, June 18, 2013. --(PR.com)-- Using their market knowledge, professional experience, established systems, active buyer prospect database and comprehensive marketing plan, The Alan Donald Real Estate Team has once again been able to successfully conclude the sale of 168 Historic Drive, in th...

The Appraisal

After a nerve-wrecking negotiation process, the buyers and sellers finally had a "meeting of the minds" and agreed on price and terms for the sales contract.

Whew! All done? - Not quite!

Here comes another hurdle - most contracts with lender financing contain a "Subject to Appraisal" condition. The lender wants to make sure that the price the buyers are paying for the property is a fair market price (or below), to ensure there is sufficient collateral for their loan. 

The Appraiser looks for three "comparable" houses that have sold in the same area within the last few months, and compares their selling prices to the one that is under contract. He/she then makes adj...

Buyers' Corner: 1+1=3 - Why Buy New Construction?

In the last two years we have been advising our buyer clients who are concerned about "getting a good deal" to give consideration to buying a newly built home. Not only they would be getting a brand new home, with all the warranties and upgrades they select to their liking, buyers could be accessing a great opportunity to get some "free equity" in the short term. Let me explain why:

Generally speaking, new homes should be more expensive than pre-owned homes. Although homes do not depreciate as fast as cars or other consumer goods, certain elements of the home (like the roof and the air conditioning system) have a finite life. If you bu...

910 Tupelo Bay Dr Mount Pleasant, SC 29464
Mount Pleasant, SC

$779,000

Residential
MLS# 1312585

Located on a desirable corner lot in Hibben, this BRAND-NEW home has been meticulously executed in its design and structure. Offering over 3,000 square feet of living space this is the perfect home for low country entertaining...

The Alan Donald Real Estate Team, Charleston, SC Short Sale Specialists known for their Charleston SC Real Estate experience in Short Sales, has just closed another Short Sale in South Carolina. Using their experience and established systems, The Alan Donald Real Estate Team is able to handle many short sales and accomplish the goal at hand, to close these short sale transactions.

Wells Fargo brought back the HOME OPPORTUNITIES LOAN – 97% loan to value - FOR PURCHASE ONLY

·         3% DOWN conventional loan up to 417K

·         First time homebuyers only

·         700 credit score minimum

·         Homebuyer education required

·         PMI required but much lower than FHA

·         Only owner occupied/primary residence

·         30 year fixed and 5 year arm

·         Rate today 3.75% with 0% points

·         Through June 30th , 2013 $250 off closing costs

Interested in purchasing a home? Call us on 843-900-0155 or fill out an online form to schedule a FREE BUYER CONSULTATION!